Thoughts on Money

Time matters. So much of the rat race that squeezes your free time means you have to spend loads of money on convenience purchases (woke up too late for the bus, had to take an Uber; no time to make dinner from scratch; etc) but even more importantly, if you do not have ample free time, you cannot learn how to be satisfied.

I have great control of my money when I am earning it. I have zero control of my money when I am not.

A lot of financial mistakes come from trying to copy people who are different from you.

I work with the wealthy, the children of the wealthy and the soon to be wealthy. Please listen to what I have to say. I know you think that if you can just make enough money, your problems will go away. And there will be harmony in your household. And your relationships will be better.Unfortunately, that that’s not how it works. What actually... See more

Risk isn’t a measure of negative consequences. It’s a measure of uncertainty. And the issue with minimizing risk is that while we protect our downside, we prevent ourselves from achieving any sort of meaningful upside. In this way, risk minimization isn’t an insurance policy as much as it is a collar, and the cost of protecting our downside is the... See more

“conventional budgeting methods rely on restriction, discipline, and perfectionism in a way that doesn’t work for people. They ignore an important truth about money: it’s meant to be spent.”

But here’s the key: Money work isn’t about getting rid of our uncomfortable emotions. It’s about learning to respond to them, to work with them, and to learn from them.

And most importantly, to not let them steer you in directions that will make life harder for you.